According to ChainCatcher citing Jiemian News, Tongxin Intelligence has completed seed and angel funding rounds totaling several hundred million yuan. Investors include Tsinghua Alumni Seed Fund, Beijing Institute of General Artificial Intelligence, Songlin Technology, Pingzhi Information, Dark Matter Intelligence and Yuzhi Zhangquan. The company said it will use the funds mainly for core architecture design and research and development ahead of chip tape-out. Founded in April 2026 by artificial intelligence scientist Zhu Songchun, director of the Beijing Institute of General Artificial Intelligence and a chair professor at Peking University and Tsinghua University, Tongxin Intelligence is developing an inference chip for AGI algorithms. Its first product targets applications including large language models, world models and general-purpose agents, with FPGA prototype validation planned for early December this year.

According to ChainCatcher, South Korean glassmaker JNTC will supply glass platters for hard disk drives to Seagate, with production at its Vietnam plant scheduled to begin in the first quarter of next year and supply to expand from the second quarter. JNTC has completed a mass-production line at its third factory in Viet Tri, Vietnam. Converted from a plant producing cover glass for wearables and vehicles, the facility has received about 55 billion won in investment since the end of 2024 and currently has annual capacity of approximately 120 million to 170 million platters. JNTC expects the business to begin contributing revenue in the first quarter of next year and generate hundreds of billions of won in additional annual sales. It plans to prioritize Seagate through 2030 before expanding to customers including Western Digital and Toshiba. The article estimates that Hoya and JNTC will account for about 60% and 40%, respectively, of Seagate’s future glass-platter purchases. JNTC also aims to raise annual capacity to 400 million to 500 million units over the medium to long term.

According to ChainCatcher citing Lookonchain, a whale address deposited approximately 6,532 ETH to a Galaxy Digital deposit address.

Nvidia, Jensen Huang, chips, artificial intelligence, computing power, Jensen Huang's successor candidate list revealed: CUDA's father and Huang's daughter are the top contenders. Jinse Finance: Will Jensen Huang's daughter become Nvidia's next successor?

U.S. District Judge Colleen McMahon on November 10 denied prediction market Novig’s request for a preliminary injunction against New York, finding its sports event contracts likely do not qualify as swaps under the Commodity Exchange Act and that the state could apply its gambling laws. According to Odaily, McMahon criticized a Commodity Futures Trading Commission (CFTC) order requiring Kalshi to continue operating after New York sued, saying it had the appearance of collusion between the regulator and the regulated party. She said CFTC rules were internally contradictory because they classify sports and other event contracts as swaps while excluding sports betting and casino wagering from that category. Novig filed a notice of appeal with the U.S. Court of Appeals for the Second Circuit several hours after the ruling.

Foresight News posted on X (formerly Twitter) that BitMine remains down about $6.2 billion as debate continues over the long-term value of ETH. At a fireside chat at ETHGlobal Pragma Mumbai, Vitalik Buterin discussed whether ETH should be viewed as a token that collects fees or as a store of value, saying the two approaches require different priorities. Optimizing market value around fee collection, he said, is essentially like running a company; successful companies often use aggressive governance rather than detailed rules that constrain them over the long term. The post also cited recent results from two Ethereum treasury companies. BitMine holds 6.07 million ETH, or 4.97% of the supply, putting it close to Tom Lee’s 5% target. It reported a net loss of $6.3 billion for fiscal 2026, mostly from unrealized losses as ETH prices fell. Staking generated about $121 million in revenue, less than its $377 million in management expenses. SharpLink reported net income of $750 million in the third quarter, about 90% of which came from unrealized gains. For the first three quarters of this year, it recorded a cumulative loss of about $328 million. Both companies have followed a similar model: raising capital to buy ETH, earning staking income, and reporting results that move with the token’s price. The post said investors should look beyond the amount of ETH each company buys and assess whether its ETH per share is increasing and whether staking returns can cover financing costs. It also raised the question of how much additional value treasury companies can create for shareholders beyond holding ETH for appreciation.

According to ChainCatcher, Baidu subsidiary Kunlunxin outlined its product roadmap at the opening of Baidu World 2026 on November 12, saying its M100 has launched on schedule and its flagship M300 is set to debut next year. The M100 targets cost-effectiveness, while the M300 features upgrades in computing power, storage and interconnect capabilities. Multiple chips based on a new N architecture are also planned for release by 2028 to serve different application scenarios. Baidu founder Robin Li said AI computing demand has shifted from primarily training to a balance of training and inference, with the growth of agent applications driving a surge in inference demand. He said inference will be a major long-term driver of AI chip growth.

According to ChainCatcher, Baidu unveiled its Tianchi 1,024-card supernode at the Baidu World 2026 conference on Nov. 12, bringing its planned market launch forward by a year from 2028 to next year. Using optical-engine technology for all-optical interconnection, the system supports collaboration across 1,024 cards. Inter-card bandwidth is three times that of the previous generation, while training and inference performance are 2.5 times and three times higher, respectively. The accompanying G3.5 KV Cache memory acceleration cabinet doubles long-context inference performance, cuts first-token wait time by 90% in multi-turn conversations, and increases overall throughput sevenfold. A single supernode can support training models with 5 trillion parameters, and the system can scale to clusters of up to 500,000 cards. Baidu founder Li Yanhong also said the flagship Kunlunxin M300 will launch next year.

The shipping giant confirms unauthorised access and data extraction from an acquired legacy system, highlighting the cybersecurity risks of inherited infrastructure and third-party logistics platforms.

What will happen to the crypto market if it doesn't experience a full-blown bull run in the future? Will blockchain development stop? Will stablecoins and stock tokenization continue?

Japan is expanding AI-assisted cyber defence, specialist response teams and public-private cooperation following a sharp rise in reported breaches, signalling a shift towards coordinated national cyber resilience.

This AI godfather, who single-handedly propelled Nvidia to a trillion-dollar market capitalization, is now standing on the edge of a career precipice.

What happens when Hyperliquid's order book becomes composable?

Ledger's software development kit has been sending users' crypto transaction details, wallet addresses and device information to its servers by default, raising privacy concerns. Ledger said the data supports its Clear Signing feature and is not stored, but critics questioned why users were not asked for permission first.

Nvidia's board of directors held an internal meeting on Wednesday to decide on Jensen Huang's future and has partnered with external organizations to select a new CEO candidate. Wall Street is closely assessing the direct impact on the entire AI industry should Huang be forced to leave.

A former Ethereum Foundation employee has sued the organization, Ethereum co-founder Vitalik Buterin and four other defendants, alleging she was fired less than two weeks after disclosing a cancer diagnosis and helping organize staff opposition to a controversial employment directive.

Binance co-CEOs He Yi, Richard Teng, and Chief Security Officer Jimmy Xu responded to the major security incident that occurred on October 30 on Binance's public space.